Indonesia Connected Healthcare Market Size (2024 - 2029)

Indonesia Connected Healthcare Market Analysis

The Indonesia Connected Healthcare Market size is estimated at USD 0.69 billion in 2024, and is expected to reach USD 2.38 billion by 2029, growing at a CAGR of 28.18% during the forecast period (2024-2029).

• As spending by hospitals increases, followed by the need for health practitioners online, it is expected that health tech businesses will penetrate the market, resulting in the development of an environment needed for domestic platforms to partner with hospitals, driving growth in the studied market.
• Since the government of Indonesia started to boost health technology services in the country, the market has become more established with increasing demand. At present, Indonesia is home to many digital health start-ups, which are mainly dominated by e-pharmacy and online consultations. Other types of health technology businesses available in Indonesia include on-demand healthcare, online marketplaces, artificial intelligence (AI), and IoT. Some of the telemedicine providers are AloDokter and HaloDoc.
• Government initiatives to develop the healthcare ecosystem in Indonesia are expected to drive the growth of the market. For instance, in April 2023, the Health Ministry of Indonesia launched a regulatory sandbox system to develop the digital health innovation ecosystem in Indonesia that includes telemedicine.
• However, the availability of limited healthcare infrastructure is challenging the market's growth by adopting technology in various applications. For instance, Mayapada Healthcare Group in Indonesia faces challenges in implementing electronic medical records in its services. As a result, the group seeks to lead the healthcare industry’s digitalization by investing in AI and advanced hospital information systems.
• • Digital health is growing rapidly in Indonesia and has potential in the digital health business. As the ecosystem grows and the investment climate is favorable, more businesses are applying new and existing technologies. Secondly, Indonesia has a larger young demographic that is actively engaged with technology and benefiting from the development of internet connectivity. Such market conditions and geographical features have made Indonesia a key market and presented opportunities for digital healthcare.
• The COVID-19 pandemic catalyzed growth in Indonesia's connected healthcare sector. Lockdowns and social distancing measures prompted a shift toward remote healthcare, leading to a surge in demand for telemedicine consultations, remote patient monitoring, and medication deliveries. Government initiatives, such as providing and promoting telemedicine services, significantly bolstered this adoption. For instance, during the pandemic, the government of Indonesia provided free services for asymptomatic and mild COVID-19 patients, for which it collaborated with 11 telemedicine platforms to provide free telemedicine services and medicine delivery services.

Indonesia Connected Healthcare Industry Segmentation

Connected healthcare refers to the use of technology to deliver healthcare services remotely through leveraging a combination of internet connectivity, medical devices, and software applications to bridge the gap between patients and healthcare providers. The scope comprises revenue offerings in solutions and services among various applications.

The Indonesian connected healthcare market is segmented by offerings (solutions and services), applications (telemedicine, connected imaging, in-patient monitoring, and other applications), and region (Java, Sumatra, Kalimantan, and other regions). The market sizes and forecasts are provided in terms of value in (USD) for all the segments.